Category Archives: Business

Business Press Releases & News distributed via EuropaWire

La vente de BAWAG PSK INVEST à Amundi finalisée avec succès

PARIS, 12-2-2015 — /EuropaWire/ — BAWAG P.S.K. annonce aujourd’hui la finalisation de la vente de BAWAG P.S.K. INVEST à Amundi. BAWAG P.S.K. INVEST (INVEST) devient une filiale à part entière d’Amundi avec un total de 5 milliards d’euros d’encours sous gestion … Read the full press release

BAWAG P.S.K. INVEST becomes wholly owned asset management subsidiary of Amundi

VIENNA, 12-2-2015 — /EuropaWire/ — BAWAG P.S.K. today announces the closing of its sale of BAWAG P.S.K. INVEST to Amundi. BAWAG P.S.K. INVEST (INVEST) becomes a wholly owned asset management subsidiary of Amundi with a total of EUR 5.0 billion of assets … Read the full press release

Over 4,500 customers already connected to one of the largest smart grids in the world – tiko, Swisscom and Repower AG joint venture

Berne, 11-2-2015 — /EuropaWire/ — Fluctuations in the electricity grid are one of the biggest challenges for power suppliers and are taking place with increasing frequency due to the growing amount of electricity generated by solar and wind, the production of which … Read the full press release

Geberit to expand its Group Executive Board to include the Group division Marketing & Brands as part of Sanitec acquisition

Rapperswil-Jona, Switzerland, 11-2-2015 — /EuropaWire/ — As part of its acquisition of Sanitec, Geberit is expanding its Group Executive Board to include the Group division Marketing & Brands. The Board of Directors of Geberit AG has thus appointed Egon Renfordt-Sasse as … Read the full press release

voestalpine posts 10.2% increase in its profit in the first nine months of 2014/15 YoY

At EUR 8.26 billion, revenue is stable (previous year: EUR 8.27 billion) Operating result (EBITDA) rose by 8.8% to EUR 1.09 billion At EUR 627 million, profit from operations (EBIT) 10.2% higher than last year’s figure In the first nine … Read the full press release

Rovio Entertainment and Dreamkids Kindergarten teamed up to launch the first Angry Birds Playground in Singapore

Rovio Entertainment and Dreamkids Kindergarten team up to open the first Angry Birds Playground in Southeast Asia. Espoo, Finland, 11-2-2015 — /EuropaWire/ — Rovio Entertainment and Dreamkids Kindergarten have teamed up to launch the first Angry Birds Playground in Singapore. Based on … Read the full press release

The Board of Directors of Axis Communications recommends the shareholders of Axis accept the public offer made by Canon

LUND, Sweden, 11-2-2015 — /EuropaWire/ — The Board of Directors of Axis has based on a financial short and mid-term perspective concluded to unanimously recommend that the shareholders of Axis accept the public offer made by Canon. Background This statement … Read the full press release

Bridgepoint completed the acquisition of Italian-themed casual dining restaurants ASK Italian and Zizzi for £250 million

LONDON, 10-2-2015 — /EuropaWire/ — Bridgepoint has completed the acquisition of Italian-themed casual dining restaurants ASK Italian and Zizzi in a transaction totalling £250 million. At the same time the restaurant group announced its unaudited financial results for the 28 … Read the full press release

Dalian Wanda Group Co., Ltd., to acquire the world’s most respected international sports marketing company Infront Sports & Media AG from Bridgepoint for EUR 1.05 billion

LONDON, 10-2-2015 — /EuropaWire/ —  Dalian Wanda Group Co., Ltd., one of the leading Chinese conglomerates and China’s largest investor in cultural and entertainment sector has reached an agreement to acquire Infront Sports & Media AG, the world’s most respected … Read the full press release

MAN Diesel & Turbo renews contract with Chinese two-stroke licensee, China Shipbuilding Industry Corp. (CSIC)

BEIJING, 10-2-2015 — /EuropaWire/ — At a ceremony in Beijing on 3 February 2015, MAN Diesel & Turbo renewed its contract with Chinese two-stroke licensee, China Shipbuilding Industry Corp. (CSIC). The agreement runs for the next 10 years and covers … Read the full press release

UniCredit Private Banking won 14 awards in different regional and local categories in Euromoney magazine´s Private Banking Survey 2015

MILAN, 10-2-2015 — /EuropaWire/ — UniCredit Private Banking has again been recognized for its excellent services, winning 14 awards in different regional and local categories in Euromoney magazine´s Private Banking Survey 2015: • Central and Eastern Europe Net-worth-specific services Sub-category: Super … Read the full press release

SSAB received EC approval to sell 50% of the shares in Norsk Stål AS (Norway) to Leif Hübert AS

STOCKHOLM, 9-2-2015 — /EuropaWire/ —  SSAB has received approval from the European Commission to sell 50% of the shares in Norsk Stål AS (Norway) to Leif Hübert AS. This transaction is part of the divestment remedies that the European Commission … Read the full press release

LuxairGroup Board of Directors approves fleet renewal strategy

Luxembourg, 9-2-2015 — /EuropaWire/ — During a meeting held on 6 February 2015, the LuxairGroup Board of Directors approved the fleet renewal strategy proposal brought forward by the Management board. This two-phase strategy is based on Luxair Luxembourg Airlines’ need … Read the full press release

Mercedes-Benz sold 125,865 vehicles in January; the best start of the year in the company’s history

Best start of the year in the company’s history for Mercedes-Benz with 125,865 vehicles sold in January (+13.6%) Ola Källenius, Member of the Board of Management of Daimler AG, responsible for Mercedes-Benz Cars Marketing & Sales: “We have started the … Read the full press release

Bekaert enhances its status in the tire industry with the acquisition of the Pirelli steel cord plant in Izmit, Turkey

Kortrijk, Belgium, 9-2-2015 — /EuropaWire/ — Bekaert and Pirelli have successfully closed the acquisition by Bekaert of the Pirelli steel cord plant in Izmit, Turkey. The deal closing in Turkey follows the ownership transfer of the steel cord plants in Figline … Read the full press release

AREVA and EVOPRO to formalize global cooperation in nuclear and renewable energy

PARIS, 9-2-2015 — /EuropaWire/ — AREVA and EVOPRO, a leading Hungarian engineering company specialized in industrial automation systems, have signed today a Memorandum of Understanding to formalize global cooperation in nuclear and renewable energy. The ceremony took place at Hungarian … Read the full press release

Sandoz: 160,000 – 200,000 children estimated to be diagnosed with childhood cancer each year

Holzkirchen, Germany, 6-2-2015 — /EuropaWire/ — Between 160,000 and 200,000 children are estimated to be diagnosed with childhood cancer and around 100,000 die from it each year. With proper diagnosis, treatment and drugs, most childhood cancers can be cured. In … Read the full press release

Skanska’s Year-end report 2014 will be released on Thursday, February 12

Skanska’s Year-end report 2014 will be released on Thursday, February 12 at 07:30 am CET. STOCKHOLM, 6-2-2015 — /EuropaWire/ —  In conjunction with the release of the report, you are invited to participate in a combined press- and telephone conference, … Read the full press release

adidas Group achieved record € 1 billion sales in Germany, Austria and Switzerland in 2014

2014 sales reach the € 1 billion mark More than 30% growth in the football category More World Cup jerseys sold than ever before adidas most popular brand in Germany Herzogenaurach, Germany, 6-2-2015 — /EuropaWire/ — Record sales for the … Read the full press release

The Rexel Foundation to take part in the Yale Climate Change Dialogue initiative

Rexel Foundation is committed to a bottom-up, multi-stakeholder approach to facilitate a global response to climate change and identify action-oriented solutions. PARIS, 6-2-2015 — /EuropaWire/ — The Rexel Foundation for a better energy future has joined the Yale Climate Change … Read the full press release